Operator Payment In Lieu Of Financial Penalty, Divestment, Commission Costs And Public Statement UK Gambling Commission· GB · 2025-02-04

UKGC sanction: AG Communications LimitedAG

→ AG Communications LimitedAG (license 39483)

A regulatory review under section 116 of the Act was commenced following a Compliance Assessment of the remote Operating Licence of AG Communications Limited (licence number 039483-R-319409-017). The review found failings in AG Communications Limited’s Anti-Money Laundering / Counter Terrorist Financing (AML/CTF) and Social Responsibility (SR) controls. AG Communications Limited failed to comply with the following requirements of the Licence Conditions and Codes of Practice (the LCCP) between May 2023* and October 2024**. Paragraph 3 of Licence Condition (LC) 12.1.1 Anti-money laundering Paragraphs 1, 4, 7,9 and 11 of Social Responsibility Code Provision (SRCP) 3.4.3 relating to remote customer interaction. SRCP 3.9.1 (1) – Identification of Individual Customers – (Remote) LC 4.2.1 (1) –

Amount (EUR)

€1,647,166

Original currency

£1,407,834

Action date

2025-02-04

Authority

UK Gambling Commission

Country

Primary source:
https://www.gamblingcommission.gov.uk/public-register/regulatory-action/detail/248 ↗

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